This turnkey rental provides great income at $4500 per month with minimal expenses of a low HOA and low homeowner's insurance. Three bedrooms, 2 1/2 bathrooms, corner house in Moylan Terrace, just minutes from downtown San Luis Obispo with easy access to shopping, dining, farmers’ markets, and community events. A 78 walk score, 95 bike score, and close to bus routes this makes for a great investment property. Enter through the gated front patio into this beautifully situated home, set along the lush community greenbelt. Inside, the open-concept floor plan seamlessly connects the kitchen, dining, and living areas, leading to a private patio that overlooks the community lawn and picnic space—an ideal setting for relaxation or entertaining. A spacious downstairs hallway features a versatile nook under the stairs, perfect for a home office, workout area, or extra storage, along with a convenient half bath. The oversized two-car garage provides additional storage space for added functionality. Upstairs, the primary suite offers a private balcony, an en-suite bath, and a generously sized walk-in closet. Two additional bedrooms share a full bath, while the upstairs laundry room enhances convenience. A second balcony off the hallway provides even more outdoor space to enjoy. With wood laminate flooring downstairs and newer carpet upstairs, this stylish townhouse is move-in ready. Don’t miss this opportunity to own a well-appointed home in a prime SLO location!